Marketresearchreports.biz Publishes The Insurance Industry in Laos, Key Trends and Opportunities to 2017

Synopsis
The report provides in depth market analysis, information and insights into the insurance industry in Laos, including:
The Lao insurance industrys growth prospects by insurance segments and categories
The competitive landscape in the Lao insurance industry
The current trends and drivers of the Lao insurance industry
The challenges facing the Lao insurance industry
The regulatory framework of the Lao insurance industry

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Summary
Economic development, the entry of five new businesses and the requirement of third-party motor liability insurance caused the written premium value to grow during the review period. The Lao insurance industry is uncompetitive due to the limited presence of insurers and lack of interest from global investors. The situation is expected to change significantly after the countrys recent entry into the WTO. The Lao insurance industry is expected to grow at a CAGR of 10.8%, over the forecast period. The distribution channel of the industry predominantly depends on direct sales, which accounts for one-third of the total sales in the country.

Scope
This report provides a comprehensive analysis of the insurance industry in Laos:
It provides historical values for the Lao insurance industry for the reports 20082012 review period and forecast figures for the 20122017 forecast period
It offers a detailed analysis of the key segments and categories in the Lao insurance industry, along with industry forecasts until 2017
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions
It profiles the top insurance companies in Laos and outlines the key regulations affecting them

Reasons To Buy
Make strategic business decisions using in depth historic and forecast industry data related to the Lao insurance industry and each segment within it
Assess the competitive dynamics in the Lao insurance industry
Understand the demand-side dynamics, key market trends and growth opportunities within the Lao insurance industry
Identify the growth opportunities and market dynamics within key segments
Gain insights into key regulations governing the Lao insurance industry and its impact on companies and the industry's future

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Key Highlights
The non-life insurance segment accounted for the largest share of the total insurance written premium value in 2012.
With the country's accession to the WTO, the industry is predicted to grow over the forecast period, at a CAGR of 10.8%.
The Lao government has introduced compulsory third-party motor liability insurance.
Motor insurance was the largest category in non-life, with the largest growth rate during the review period.
The property insurance category has experienced significant growth during the review period at a CAGR of 22.4%.
The Lao insurance industry is restricted to property, transportation, motor and casualty insurance, which generate a significant proportion of premium.

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2020 Foresight Report: Trends in Non-Life Insurance Underwriting: http://www.marketresearchreports.biz/analysis/167346

SynopsisThe report provides in depth market analysis, information and insights into underwriting industry trends for non-life insurance globally, including: Comprehensive assessment of non-life underwriting market dynamics Analysis of the effect of changes in regulations on underwriting Analysis of the underwriting cycles Detailed analysis of the technological trends impacting underwriting Detailed analysis of the effect of natural and man-made disasters on underwritingSummaryThe insurance underwriting industry has undergone a paradigm shift over the last decade due to the introduction of new technology, which has revolutionized processes and business practice.